Health care costs for the typical family of four are projected to reach $20,728 this year, a 6.9 percent increase from last year, according to information released Tuesday.
The numbers come from the Milliman Medical Index, which measures the average health care costs for an American family of four receiving health care through an employer-sponsored preferred provider organization plan.
The 6.9 percent increase over 2011 is actually the lowest rate of increase in the 10 years of this study. Still, the total increase is the largest in that time period—the $1,335 increase surpasses last year's record of $1,319.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
